GDP Deflator — Value US$, 2015 prices, annual growth rate in Australia and New Zealand
Australia and New Zealand: GDP Deflator — Value US$, 2015 prices, annual growth rate was 1.97 % change on previous year in 2024. ◆ Volatile
GDP Deflator — Value US$, 2015 prices, annual growth rate in Australia and New Zealand, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gdp deflator — value us$, 2015 prices, annual growth rate in Australia and New Zealand is 1.97 % change on previous year, measured in 2024.
The figure is up 252.9% on the previous year and up 131.6% over ten years.
Over the whole period, gdp deflator — value us$, 2015 prices, annual growth rate in Australia and New Zealand peaked at 36.13 % change on previous year in 1973 and was at its lowest, -16.96 % change on previous year, in 2015.
Australia and New Zealand ranks 129th of 222 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP Deflator — Value US$, 2015 prices, annual growth rate in Australia and New Zealand, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 8.45 % change on previous year | — |
| 1972 | 14.77 % change on previous year | +74.9% |
| 1973 | 36.13 % change on previous year | +144.5% |
| 1974 | 15.94 % change on previous year | -55.9% |
| 1975 | 3.58 % change on previous year | -77.5% |
| 1976 | 3.68 % change on previous year | +2.7% |
| 1977 | 0.0729 % change on previous year | -98.0% |
| 1978 | 13.31 % change on previous year | +18155.9% |
| 1979 | 7.92 % change on previous year | -40.5% |
| 1980 | 11.43 % change on previous year | +44.3% |
| 1981 | 11.53 % change on previous year | +0.8% |
| 1982 | -2.72 % change on previous year | -123.6% |
| 1983 | -4.15 % change on previous year | +52.5% |
| 1984 | 0.8311 % change on previous year | -120.0% |
| 1985 | -13.66 % change on previous year | -1743.5% |
| 1986 | 5.75 % change on previous year | -142.1% |
| 1987 | 13.93 % change on previous year | +142.3% |
| 1988 | 21.29 % change on previous year | +52.9% |
| 1989 | 5.84 % change on previous year | -72.6% |
| 1990 | 1.62 % change on previous year | -72.3% |
| 1991 | 0.8958 % change on previous year | -44.6% |
| 1992 | -4.91 % change on previous year | -648.4% |
| 1993 | -5.52 % change on previous year | +12.3% |
| 1994 | 10.09 % change on previous year | -282.9% |
| 1995 | 5.33 % change on previous year | -47.2% |
| 1996 | 6.84 % change on previous year | +28.3% |
| 1997 | -3.99 % change on previous year | -158.3% |
| 1998 | -15.44 % change on previous year | +287.3% |
| 1999 | 4.59 % change on previous year | -129.7% |
| 2000 | -6.62 % change on previous year | -244.2% |
| 2001 | -7.79 % change on previous year | +17.8% |
| 2002 | 8.39 % change on previous year | -207.7% |
| 2003 | 23.85 % change on previous year | +184.2% |
| 2004 | 17.8 % change on previous year | -25.4% |
| 2005 | 9.07 % change on previous year | -49.1% |
| 2006 | 2.43 % change on previous year | -73.2% |
| 2007 | 16.47 % change on previous year | +577.4% |
| 2008 | 4.47 % change on previous year | -72.9% |
| 2009 | -6.47 % change on previous year | -244.9% |
| 2010 | 24.39 % change on previous year | -477.0% |
| 2011 | 14.26 % change on previous year | -41.5% |
| 2012 | 0.3958 % change on previous year | -97.2% |
| 2013 | -4.28 % change on previous year | -1182.1% |
| 2014 | -6.23 % change on previous year | +45.4% |
| 2015 | -16.96 % change on previous year | +172.4% |
| 2016 | 2.51 % change on previous year | -114.8% |
| 2017 | 5 % change on previous year | +99.2% |
| 2018 | 0.5899 % change on previous year | -88.2% |
| 2019 | -4.79 % change on previous year | -911.7% |
| 2020 | 1.76 % change on previous year | -136.7% |
| 2021 | 16.59 % change on previous year | +844.4% |
| 2022 | -2.13 % change on previous year | -112.8% |
| 2023 | -1.29 % change on previous year | -39.5% |
| 2024 | 1.97 % change on previous year | -252.9% |
Biggest year-on-year movements
Years where GDP Deflator — Value US$, 2015 prices, annual growth rate in Australia and New Zealand changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1978 | +18155.9% | 0.0729 % change on previous year | 13.31 % change on previous year |
| 1985 | -1743.5% | 0.8311 % change on previous year | -13.66 % change on previous year |
| 2013 | -1182.1% | 0.3958 % change on previous year | -4.28 % change on previous year |
| 2021 | +844.4% | 1.76 % change on previous year | 16.59 % change on previous year |
| 2019 | -911.7% | 0.5899 % change on previous year | -4.79 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 11.54 % change on previous year | 0.0729 % change on previous year | 36.13 % change on previous year | 9 |
| 1980s | 5.01 % change on previous year | -13.66 % change on previous year | 21.29 % change on previous year | 10 |
| 1990s | -0.0499 % change on previous year | -15.44 % change on previous year | 10.09 % change on previous year | 10 |
| 2000s | 6.16 % change on previous year | -7.79 % change on previous year | 23.85 % change on previous year | 10 |
| 2010s | 1.49 % change on previous year | -16.96 % change on previous year | 24.39 % change on previous year | 10 |
| 2020s | 3.38 % change on previous year | -2.13 % change on previous year | 16.59 % change on previous year | 5 |
Countries ranked near Australia and New Zealand
- 126 New Zealand 2.1 % change on previous year compare
- 127 Belgium 2.05 % change on previous year compare
- 128 Trinidad and Tobago 1.99 % change on previous year compare
- 130 Australia 1.94 % change on previous year compare
- 131 Jordan 1.9 % change on previous year compare
- 132 India 1.88 % change on previous year compare
More economy & growth data for Australia and New Zealand
- Gross Fixed Capital Formation — Value US$, 2015 prices 453,936 million USD (2024)
- Gross Domestic Product — Annual growth US$ 3.22 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 2.24 % (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 1.23 % (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 0.268 % (2024)
- Gross Fixed Capital Formation — Value US$ 529,563 million USD (2024)
- Gross Fixed Capital Formation — Annual growth US$ 7.42 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 25.3 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 26.13 % (2024)
- Gross Domestic Product — Value US$, 2015 prices 1.74 million million USD (2024)
Frequently asked questions
- What is gdp deflator — value us$, 2015 prices, annual growth rate in Australia and New Zealand?
- Gdp deflator — value us$, 2015 prices, annual growth rate in Australia and New Zealand was 1.97 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gdp deflator — value us$, 2015 prices, annual growth rate recorded in Australia and New Zealand?
- The highest recorded value was 36.13 % change on previous year in 1973.
- What is the lowest gdp deflator — value us$, 2015 prices, annual growth rate recorded in Australia and New Zealand?
- The lowest recorded value was -16.96 % change on previous year in 2015.
- How does Australia and New Zealand rank for gdp deflator — value us$, 2015 prices, annual growth rate?
- Australia and New Zealand ranks 129th out of 222 countries with data for 2024.
- Is gdp deflator — value us$, 2015 prices, annual growth rate rising or falling in Australia and New Zealand?
- Over the last ten years it is up 131.6%. The long-run trend across the full record is volatile.
- Where does this Australia and New Zealand data come from?
- The figures come from Statizoid (derived), published as part of GDP Deflator — Value US$, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.
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CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in GDP Deflator — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP Deflator — Value US$, 2015 prices Food and Agriculture Organization of the United Nations
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in GDP Deflator — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.